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5. Assume BAL, Inc., began March with 95 units of inventory that cost a total of $1,710. During March, BAL, Inc., purchased and sold goods
5. Assume BAL, Inc., began March with 95 units of inventory that cost a total of $1,710. During March, BAL, Inc., purchased and sold goods as follows: Mar 6 15 22 30 Purchased 120 units @ $16 each Sold 135 units @ $30 each Purchased 135 units @ $14 each Sold 95 units @ $29 each 235, BAL, Inc., uses perpetual inventory. Under the LIFO inventory method, how much is BAL's cost of inventory on hand after the sale on March 30? a. $1,920 b. $2,160 c. $1,680 d. $2,000
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